Newsgain ApS — Credit Rating and Financial Key Figures

Newsgain ApS (CVR number: 29635412) is a company from FREDERIKSBERG. The company recorded a gross profit of -109.7 kDKK in 2022. The operating profit was -147.2 kDKK, while net earnings were -154 kDKK. The profitability of the company measured by Return on Assets (ROA) was -96.1 %, which can be considered poor and Return on Equity (ROE) was -179.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Newsgain ApS's liquidity measured by quick ratio was 4.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.